The retail market for recreational cannabis is primed for significant growth in the city of Grand Rapids as local officials prepare to consider more than a dozen business applications in the coming months.
While one recreational dispensary has been operating since Oct. 23, three others have special land use approval to move forward. Two more, which are already operating as medical cannabis provisioning centers, are seeking approval this week from the Grand Rapids Planning Commission.
All told, Grand Rapids could approve up to 28 retail recreational cannabis sites by March, city officials tell MiBiz. While industry experts say it’s unlikely that many businesses would be operational because of market saturation and the high upfront costs of opening stores, cannabis activists nonetheless hail it as a significant advancement after criticizing the city for moving too slowly to allow retail stores.
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